NRG Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	32,384	30,713	28,130	28,823	31,543	26,989
Revenue Growth (YoY)	10.58%	9.18%	-2.40%	-8.62%	16.87%	196.81%
Fuel and Purchased Power Expense	27,058	47,150	42,361	26,483	27,443	20,482
Operations and Maintenance Expenses	2,646	4,170	3,952	2,094	1,145	1,293
Gross Profit	2,680	-20,607	-18,183	246	2,955	5,214
Depreciation & Amortization Expenses	1,512	1,406	1,403	1,295	720	785
Net Gains on Disposal of Operating Assets	-18	-25	208	1,578	52	247
Other Operating Expenses	111	878	298	145	269	1,335
Operating Income	1,039	1,845	2,424	384	2,018	3,341
Interest Income	9	11	20	16	6	17
Interest Expense	-863	-741	-651	-667	-417	-485
Other Non-Operating Income (Expense)	86	19	-345	54	56	-14
Total Non-Operating Income (Expense)	-768	-711	-976	-597	-355	-482
Pretax Income	232	1,134	1,448	-213	1,663	2,859
Provision for Income Taxes	-7	270	323	-11	442	672
Net Income	172	797	1,058	-256	1,221	2,187
Net Income Attributable to Preferred Dividends	67	67	67	54	-	-
Net Income to Common	172	797	1,058	-256	1,221	2,187
Net Income Growth	-86.74%	-24.67%	-	-	-44.17%	328.82%
Shares Outstanding (Basic)	197	195	206	228	236	245
Shares Outstanding (Diluted)	198	199	212	228	236	245
Shares Change (YoY)	-4.92%	-6.13%	-7.02%	-3.39%	-3.67%	-0.41%
EPS (Basic)	0.88	4.09	5.14	-1.12	5.17	8.93
EPS (Diluted)	0.88	4.01	4.99	-1.12	5.17	8.93
EPS Growth	-85.71%	-19.64%	-	-	-42.10%	331.40%
Shares Outstanding	214.68	190.38	198.6	208.13	229.56	243.75
Free Cash Flow	193.92	766	1,834	-819	-7	224
Free Cash Flow Growth	-74.68%	-58.23%	-	-	-	-86.06%
Free Cash Flow Per Share	0.98	3.85	8.65	-3.59	-0.03	0.91
Dividends Per Share	-	1.795	1.663	1.540	1.427	1.325
Dividend Growth	-	7.97%	7.95%	7.88%	7.74%	8.16%
Gross Margin	8.28%	-67.10%	-64.64%	0.85%	9.37%	19.32%
Operating Margin	3.21%	6.01%	8.62%	1.33%	6.40%	12.38%
Profit Margin	0.74%	2.81%	4.00%	-0.70%	3.87%	8.10%
FCF Margin	0.60%	2.49%	6.52%	-2.84%	-0.02%	0.83%
EBITDA	2,775	3,399	3,971	1,915	2,973	4,322
EBITDA Margin	8.57%	11.07%	14.12%	6.64%	9.43%	16.01%
EBIT	1,039	1,845	2,424	384	2,018	3,341
EBIT Margin	3.21%	6.01%	8.62%	1.33%	6.40%	12.38%
Effective Tax Rate	-3.02%	23.81%	22.31%	5.16%	26.58%	23.50%

Updated May 6, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q